On 21 February 2019, KraussMaffei signed an agreement to acquire Pultrex Ltd. based in Manningtree, Essex, UK. Financial details were not disclosed. Pultrex is a leading supplier of pultrusion, pullwinding and filament winding systems, and is also a manufacturer of pultrusion profiles. The acquisition strengthens KraussMaffei's systems competence in pultrusion.
“With the company Pultrex, we have a valuable, experienced partner at our side, with whom we will expand our pultrusion business division for the long term,” explained Nicolas Beyl, President of the Reaction Process Machinery segment at KraussMaffei Group. Pultrex has over 40 years of experience in the field of pultrusion, the continuous strand drawing of fibre-reinforced profiles and round rods. More than 600 Pultrex pultrusion systems are in use worldwide. The product portfolio includes complete pultrusion, pullwinding and filament winding systems. In addition, Pultrex manufactures profiles for numerous customers, e.g., in the construction, transport and wind power industries.
Colin Leek, Managing Director of Pultrex, said: “The range of use of pultruded profiles is extremely diverse and continues to grow. Thanks to the cooperation with KraussMaffei, completely new opportunities and applications will arise for us and our customers. Our partnership with the globally active technology leader, in particular the worldwide sales and service network, will be of great benefit to all our customers.”
KraussMaffei entered the pultrusion market in 2017 with the iPul system. The core competences of the company include the expertise and experience with mixing and metering systems, as well as mould technology. “With the expertise and experience of Pultrex, we are complementing our system competence and now offer the entire value chain from a single supplier. At the same time, we will together pursue the aim of promoting standardised pultrusion system construction, thus offering our customers solutions with optimum price-performance ratios,” added Beyl.
The Manningtree location of Pultrex will become the KraussMaffei Competence Center for the construction of pullers, filament winding and pullwinding systems. At the same time, Pultrex expertise and experience will be used in the design of resin-impregnating bath systems for pultrusion. Profile production in Manningtree will continue on the same scale. From now on, customers will be able to test their prototypes and the respective series production on location and take the experience and knowledge gained into account in their development work.
The metering machines for the iPul systems come from Munich, the moulds from the KraussMaffei location Harderberg in Germany. “We are thus concentrating the pultrusion system know-how specifically at the locations which already have the competence,” added Beyl.